The global response to COVID-19 should also be a springboard for action on climate change resilience so we can narrow the divide between rich and poor and keep everyone safe.
These charts illustrate how Asian and global stock markets reacted to the COVID-19 pandemic, with market reaction closely following local outbreaks and then moving in unison with global markets amid other shocks.
With timely and well-targeted programs, policy makers can prevent the health crisis from deepening into a wider economic and financial crisis. This could sow the seeds of economic recovery.
Now is the time to ramp up actions on resilience so that society can beat the COVID-19 crisis while reducing the impact of climate threats.
The 1918 flu, World War II and the Great Depression all provide important lessons for dealing with COVID-19 and its wide ranging effects across society.
The pandemic provides an opportunity for regional financial cooperation on reforms to make Asian banks more resilient to crises.
The production processes and supply chains that feed into the production of masks, gloves and other personal protective equipment must be secured.
For many of Indonesia’s urban poor who work in the informal sector, social distancing is nearly impossible if they want to maintain their income. Two key policies can help.
The pandemic demonstrates that disasters are triggered by multidimensional risks and hazards, and that a country’s approach to urban resilience needs to be multifaceted.
In the fragile energy scenario of small Pacific islands, contingency plans are crucial to keep the lights on during a crisis.